Monday, November 28, 2022

Pentagon Admits It Can’t Account for $2 Trillion – AGAIN

 In typical Groundhog Day fashion, the Pentagon has failed yet another audit. This is the fifth year that the Defense Department has failed to meet the audit requirements set by Congress. Yet, for the most part, nobody seems to care in the media or government. Here’s why:

The DOD’s Assets

  • 2.9 million military personnel
  • Equipment and weapons
  • 19,700 aircraft
  • Buildings and supplies
  • DOD health care system
  • 9.6 million active-duty retirees and their families
  • 75,000 new IRS agents are going to be scouring your Venmo while the Pentagon loses another $5 trillion dollars

What Have We Learned?

  • As a taxpayer or a parent of a service member, knowing that the machine built to care for your warfighters is, at best, getting a D- in audit readiness is a disappointment.
  • The most teachable aspect of this audit failure is that business will continue to go on as usual in the endless spending pit that is the Pentagon.

Scarce Accountability

  • The Pentagon can't account for roughly $2 trillion worth of assets and there is no accountability for their lack of assets
  • Last year, a bipartisan group of Senators dared to penalize the Pentagon for not meeting Congressionally mandated standards by returning 1% of the budget to the Treasury if they failed to meet their audits
  • Senator Bernie Sanders, who cosponsored the bill, argued that if we are serious about spending taxpayer dollars wisely and effectively, we have to end the absurdity of the Pentagon being the only agency in the federal government that has not passed an independent audit

The Real Cost

  • The actual cost of the Pentagon’s ineptitude isn’t just lost assets and taxpayer dollars; it's American lives and America's reputation.
  • Since 2001, 2,443 American troops and 1,144 allied troops have been killed and 20 *** U.S. troops injured.

Who Are They Fighting For?

  • Historically it's been considered a faux pas to question the military arm of our government.
  • The botched withdrawal of Afghanistan has finally stirred some in the media, government, and regular population to start questioning the motivations and credibility of the military brass and civilian leaders charged with supporting and defending our great Constitution.

https://thepoliticalinsider.com/pentagon-admits-it-cant-account-for-2-trillion-again/?utm_source=home-headline-stories

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